Vietnam's Fisheries Industry Sees Optimism in Export Growth, Despite Global Trade Fluctuations

Strategic Insights -

Vietnam's seafood export industry is set to reach its target of $10 billion in 2025, driven by a 15.5% increase in export revenue over the first nine months of this year. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), seafood exports in the first nine months of 2025 reached an estimated $8.33 billion, with shrimp being the top export item at over $3.38 billion, a 20.3% increase. Mainland China and Hong Kong were Vietnam's largest buyers, with shipments to these markets reaching $1.7 billion, up 32.1%.

Key Takeaways:

  • Shrimp remained the top export item, with revenue exceeding $3.38 billion, a 20.3% increase.
  • Tra fish (pangasius) brought in over $1.6 billion, up nearly 10%.
  • Mainland China and Hong Kong were Vietnam's largest buyers, with shipments to these markets reaching $1.7 billion, up 32.1%.
  • Vietnam's seafood export industry has utilized free trade agreements (FTAs) to expand exports, amidst global trade fluctuations.
  • Exports to ASEAN, Canada, Chile, and Latin America have all grown strongly, contributing significantly to overall industry performance.
  • Enterprises and associations have praised the Ministry of Industry and Trade for its timely support in addressing trade barriers.
  • VASEP proposed regular monthly meetings with Vietnam's network of commercial counsellors to update businesses on regulatory changes, tariffs, and political developments in key markets.

Statistics:

  • Seafood exports in the first nine months of 2025 reached an estimated $8.33 billion.
  • Shrimp revenue exceeded $3.38 billion, a 20.3% increase.
  • Tra fish (pangasius) brought in over $1.6 billion, up nearly 10%.
  • Shipments to Mainland China and Hong Kong reached $1.7 billion, up 32.1%.
  • Exports to ASEAN, Canada, Chile, and Latin America have all grown strongly.

Sources:

  • Vietnam Association of Seafood Exporters and Producers (VASEP) - no date provided
  • Vietnam News Agency - no date provided